Why is Ajax Engineering falling/rising?

As of 22-Jul, Ajax Engineering Ltd's stock price is currently at 690.25, reflecting a decline of 3.75 points or 0.54%. The stock has been experiencing a downward trend, having fallen for the last three consecutive days, resulting in a total decline of 2.58% during this period. Despite this recent downturn, the stock has shown a positive performance over the past month, with a return of 14.09%. Additionally, the stock's current price is higher than its 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally strong position, although it is lower than its 5-day moving average. Notably, there has been a significant increase in investor participation, with delivery volume rising by 467.53% compared to the 5-day average, suggesting heightened interest despite the recent price drop. There is no information available regarding positive or negative factors impacting the stock.
Broader market context indicates that Ajax Engineering's short-term performance is slightly better than the benchmark, as the stock has gained 0.03% over the past week while the Sensex has declined by 0.47%. This suggests that, despite the recent price decline, Ajax Engineering is performing relatively well compared to the broader market. Over the past month, while the stock has risen significantly, the benchmark has also shown a slight decline of 0.27%, indicating that the stock's recent performance may be driven by company-specific factors rather than overall market trends.